Welcome to our dedicated page for Hasbro news (Ticker: HAS), a resource for investors and traders seeking the latest updates and insights on Hasbro stock.
Hasbro, Inc. (NASDAQ: HAS) is a global leader in creating the world’s best play experiences through its iconic and beloved brands. The company’s extensive brand portfolio includes household names such as Littlest Pet Shop, Magic: The Gathering, Monopoly, My Little Pony, Nerf, Play-Doh, Transformers, and many more. Hasbro's offerings span a wide range of entertainment mediums, from traditional toys and games to television programming, motion pictures, digital gaming, and a comprehensive lifestyle licensing program.
Hasbro Studios, the company's entertainment arm, is dedicated to creating brand-driven storytelling that resonates across multiple platforms, including TV and film. Through strategic acquisitions and partnerships, such as the 2019 acquisition of Entertainment One (eOne), Hasbro has significantly expanded its reach and content capabilities, adding popular family properties like Peppa Pig and PJ Masks to its portfolio. In 2022, the company further strengthened its digital gaming presence by acquiring Dungeons & Dragons Beyond, offering access to a community of 10 million digital tabletop players.
Financially, Hasbro continues to show robust performance, driven by its diverse product lineup and strategic investments. The company is also deeply committed to corporate social responsibility, including philanthropy and environmental sustainability, positively impacting millions of children and families around the world.
In recent news, Hasbro’s division, Wizards of the Coast, announced a licensing agreement with Starbreeze Entertainment to develop a new game based on the Dungeons & Dragons universe, expected to launch in 2026. This partnership underscores Hasbro's strategy to grow its digital games portfolio through licensing and development, bringing immersive play experiences to a global audience.
Future Today has partnered with eOne to enhance its HappyKids channel with over 300 episodes and nine movies from eOne's catalogue, featuring popular titles like My Little Pony and Transformers Prime. This partnership aims to provide millions of young viewers free access to engaging family content. HappyKids experienced a remarkable 225% year-over-year user growth in September 2020, contributing to a total of over 55,000 movies and TV shows now available. Future Today reaches more than 100 million US households, solidifying its position as a leader in family-friendly streaming.
Hasbro, Inc. (NASDAQ: HAS) announces that Brian D. Goldner is taking a medical leave of absence, effective immediately. Rich Stoddart, previously the Lead Independent Director, is appointed as Interim CEO. Stoddart, with extensive experience in brand-building and marketing, aims to advance Hasbro's Brand Blueprint strategy. Goldner expressed confidence in Stoddart's leadership during his health focus. The board also reappointed Edward M. Philip as Lead Independent Director. Hasbro remains committed to its innovative brands and future growth.
Hasbro, Inc. (NASDAQ: HAS) has appointed Carrie Ratner as Senior Vice President of Global Corporate Communications. Ratner brings over 20 years of experience, previously with PepsiCo, Starwood Hotels, and strategic advisory firm Sard Verbinnen & Co. She will lead Hasbro's corporate communications efforts, enhancing storytelling and brand visibility. This move aligns with Hasbro's 'Brand Blueprint' strategy, aimed at strengthening its extensive portfolio and corporate purpose. Hasbro has also been recognized as one of the World's Most Ethical Companies for the past decade.
Hasbro, Inc. (NASDAQ: HAS) will host its third quarter 2021 earnings conference call on October 26, 2021, at 8:30 a.m. Eastern Time. The event will follow the release of its financial results. Interested investors can access detailed financial information as per Regulation G on Hasbro’s Investor Relations website. A replay will be available approximately two hours post-event. Hasbro is known for its extensive portfolio of around 1,500 brands, including popular franchises like MAGIC: THE GATHERING and TRANSFORMERS.
On September 21, 2021, Girl Scouts of the USA and Hasbro announced a collaboration to promote friendship and inclusivity through the Better Together Challenge. Launching with the new My Little Pony: A Next Generation movie on September 24, activities aim to enhance social skills for girls in grades K-3. The initiative includes engaging projects that foster kindness and understanding among peers. Additionally, a public service announcement will highlight the importance of celebrating differences. A limited-edition fun patch will be available for participants.
Hasbro, Inc. (NASDAQ: HAS) has announced the redemption of all its 2.60% notes due November 19, 2022, amounting to $300 million. The redemption price is equal to the principal plus a make-whole premium and accrued interest. This follows a previous redemption in March 2022 of similar notes due May 15, 2021, also for $300 million. Hasbro continues to emphasize its commitment to global play and entertainment, boasting a portfolio of approximately 1,500 brands, including MAGIC: THE GATHERING and TRANSFORMERS.
Hasbro, Inc. (NASDAQ: HAS) announced participation in the Goldman Sachs 30th Annual Communacopia Conference on September 22, 2021, at 9:30 AM Eastern. CEO Brian Goldner, CFO Deborah Thomas, and eOne CEO Darren Throop will represent the company. The live webcast can be accessed on Hasbro's Investor Relations home page, with an archive available for one year. Hasbro is a global play and entertainment company with a vast portfolio of brands, committed to corporate citizenship and ethical practices.
Wizards of the Coast, a division of Hasbro (NASDAQ: HAS), unveiled an exciting lineup of Magic: The Gathering products for 2022, featuring crossovers with popular franchises such as Fortnite and Street Fighter. A Netflix animated series based on the game will debut in late 2022, with Brandon Routh voicing a key character. The upcoming Universes Beyond series includes content from The Lord of the Rings and Warhammer 40,000. The release schedule highlights several major sets throughout the year, including Kamigawa: Neon Dynasty and The Brothers’ War.
Hasbro, Inc. (NASDAQ: HAS) partners with Vrbo to launch the NERF House, an immersive vacation home experience themed around the NERF brand. Available for booking starting September 1, 2021, at a rate of $100 per night, families can enjoy a weekend filled with NERF activities at the lake house on Grand Lake O' the Cherokees in Oklahoma. This activation coincides with the new season of the YouTube series 'NERF HOUSE SHOWDOWN,' featuring competitive challenges among teens. The property accommodates 30 guests and includes NERF gear, games, and amenities for family fun.
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